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of <h1>Amendment to Section 192: Employers must consider additional income details for tax deduction, excluding certain losses.</h1> Section 192 of the Income-tax Act has been amended to replace sub-section (2B) effective August 1, 1998. The new provision allows an assessee with income from salaries and other income sources, excluding certain losses, to provide details of such income and any tax deducted to the person responsible for salary payments. This person must consider this information when making tax deductions. However, the tax deductible from salary cannot be reduced below what would be deducted if the other income and tax were not considered, except when accounting for losses from house property income.
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